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2 (I'm Bearish)

16,518.42 is my guess. But if I really knew I'd own a lot more cigars.

666

Posted

14441.44 pod.gif

Posted

18525 DJIA

I'm an optimist.

Posted

17637

Posted

19250.. Shorts that didn't cover about to get squeezed, again. No ones selling and what else is everyone going to do with their cash? AAPL gonna rock back to highs and drag the mkt up with it.. But, maybe this time it's different - idk. Seems to me that the average valuation has come down quite bit so risk/rewards are much better than they were 6mo ago.

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1) The Chinese are going to QE their markets after the shock

2) The USA is flush with cash

3) The Eurozone can't get much worse

4) If interest rates go up it will be a sign that the FED thinks we're recovering and equities will spike

5) The value of bonds will go down and institutions like insurance companies will get to buy at a discount and purchase new higher yield paper securing their balance sheets

By the end of the year I see DOW 18,500+ for a number of reasons before an election year pull back next year. So my final answer is DOW 18,614.68

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Hard to guess with the US ellectoral process in play. But my guess is 15081 . I think until next years US budget and China's position on US debt are apparent long term stock investment is more of a gamble than usual. Corporate mass pursuit of the dividend has left buying power of customers depleted. Erosion of the middle class world wide has resulted in shrinking markets. Chinas manufacturing weekening is a symptom of this long term trend.

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